The Latest
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Ex-CFO sentenced to 36-month prison term for $4.3M loan scheme
Former Bank of the Valley CFO Aaron Luneke will serve 36 months in prison and be fined $10,000 in connection with bank fraud charges.
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Sponsored by ABGi USAGrants and funding are becoming a strategic planning tool for finance leaders
Finance leaders are bringing public funding into capital planning before investment decisions are made.
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Tax numbers aid analysts more than narratives, study finds
CFOs must balance the need to meet disclosure compliance requirements with the risk of drawing extra scrutiny from competitors and the IRS.
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Jobs in occupations most exposed to AI increased by 4%: Chicago Fed
Research by the Chicago Fed aligns with other recent studies challenging widespread concerns that AI will lead to mass unemployment.
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OpenAI pushes new yardstick for measuring AI investments
The company’s CFO floated a “useful-intelligence-per-dollar” approach as organizations face growing pressure to show returns on their AI spending.
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New Xactly CFO targets efficient revenue growth
In her first week at the AI company, Adriana Carpenter is focusing on revenue, AI implementation, and ensuring she’s showing, not just telling, the financial story.
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Retail sales edge up, restrained by falling gasoline prices
“Over the past few months, value shopping has gained traction as household budgets have come under pressure,” the Bank of America Institute said.
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SpaceX leads US IPO surge as H1 proceeds top $114B: PwC
“The window is wide open, and companies that are prepared for that window are being rewarded for it,” PwC’s Mike Bellin said.
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Pentair brings back CFO as interim finance chief
Pentair’s Bob Fishman is returning as interim CFO five months after he resigned from the top finance seat in March.
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Washington DC’s CPA bill advances to mayor’s desk
The legislation establishing a third path to becoming a certified public accountant must also undergo Congressional review before becoming law.
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Warsh says US in ‘fight’ with China for dominance in AI
Federal Reserve Chair Kevin Warsh told a Senate panel that the U.S. “is extremely well positioned to be at the cutting edge and extract more productivity” from artificial intelligence.
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Ex-ViaQuest CEO calls embezzlement allegations false, part of business dispute
On Monday, the healthcare firm filed a civil suit accusing its ex-CEO and former CFO of tapping company funds for personal expenses including club memberships and football tickets.
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CoStar CFO heads to Allstate with $2M sign-on bonus
Incoming Allstate finance chief Christian Lown succeeds Jess Merten, who was named president of property liability in October 2025.
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Courtesy of Calvin Klein
Sephora vet to take Calvin Klein parent’s CFO seat
Apparel retailer PVH appointed Alexis Rollier to take its finance reins about eight months after its previous finance chief Zac Coughlin departed.
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ViaQuest sues ex-CEO, former CFO for embezzlement
The healthcare firm alleges in a civil suit that its ex-CEO and former CFO tapped company funds for personal expenses including club memberships and football tickets.
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Courtesy of Missouri Association of CPAs
Missouri governor signs CPA licensing bill, effective next month
The Show Me State joins over 40 others establishing a route to becoming a certified public accountant that doesn’t require 150 college credit hours.
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Inflation slows to 3.5% as Warsh pledges to achieve Fed’s 2% target
“There’s plenty of work to do” to reduce inflation to an acceptable level, Federal Reserve Chair Kevin Warsh said in testimony before the House Financial Services Committee.
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Fintech Bottomline offers stablecoin-friendly CFO suite
The company is betting stablecoins will gain traction across corporate payment, treasury and liquidity workflows.
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TrackerTracking CPA licensure paths: Removing the 150-hour-rule hurdle
State changes to licensing rules are chipping away at a decades-old system that has largely required CPA candidates to complete what effectively amounts to a fifth year of schooling.
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Courtesy of Walmart
Walmart bets on AI and digital twins to shape its supply chain strategy
The technology helps the retailer get products around the world, despite global conflict or weather challenges, Walmart's Indira Uppuluri said.
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OpinionFinance’s new mandate: Unlocking the story behind the numbers
AI is making it easier for finance to connect the dots, but better forecasting still depends on people who understand the business, tech executive Mike Nader writes.
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Q&ASEC’s semiannual reporting proposal: What’s next?
For the time being, the plan to make quarterly reporting optional is in a “wait-and-see” position, StoneTurn’s Daniel Brinks said.
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US corporate bankruptcies hover at 16-year high: S&P
The number of larger U.S. private and public companies that filed for bankruptcy protection ticked up to 372, the highest since 2010, according to S&P Global.
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Deep Dive7 CFO risks from the high-stakes adoption of AI
“There’s a risk of losing people who don’t want to innovate or who are scared of how this plays out,” Nintex CFO Burt Chao said.
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Fed may need to raise benchmark rate as inflation heats up, Waller says
“Sternly staring at inflation until it melts before our withering gaze is not an option,” Federal Reserve Governor Christopher Waller said.
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PepsiCo CFO says tariff refund will help offset inflation
“We do expect some more pressure on the business from a commodity standpoint,” CFO Steve Schmitt said on an earnings call.
